Can I get affordable life insurance with sleep apnea?
For individual’s that suffer from sleep apnea, life insurance may seem at first to be unattainable. Fortunately, for those looking for life insurance with sleep apnea you have come to the right place. Sleep apnea is a very common disorder.
According to the National Sleep Foundation this condition affects over 18 million Americans.
As a specialist in the life insurance arena for those individuals with pre-exisiting medical conditions, we often are able to secure affordable term life insurance when others cannot.
We understand the difficulties of finding affordable life insurance with sleep apnea. We know which companies specialize in underwriting the best life insurance with sleep apnea.
When underwriting life insurance with sleep apnea, it is first important to get as much medical information up front from the insured. It is best to be totally honest about your medical history. The more information we can give to the underwriter’s the better rate you possible can secure.
We want the life insurance underwriter’s to compete for your business.
By gathering this information up front it allows us to do the legwork and save you time. This also keeps you from having to initially go thru a medical exam and bloodwork.
A medical exam may be necessary down the road, but first we just want to see if a viable offer is available.
By gathering this information up front, it also allows us to keep your information out of the Medical Information Bureau (MIB).
When all the information is gathered, we will speak to the different carriers. Once we get the feedback from the underwriters we will then know if an offer can be made. We will run the premium rates to see if this tentative offer is affordable to you.
If the tentative offer is something the client feels comfortable with, we will then proceed to take a formal application and have any requirements completed to secure the offer.
This is the best way to proceed with finding the most affordable rates for life insurance with sleep apnea.
You will no longer have to try contacting agent after agent to try and find affordable life insurance with sleep apnea.
What information is needed to find life insurance with sleep apnea?
In order to find out if affordable life insurance with sleep apnea is available the following information needs to be obtained:
- Male or Female?
- Date of birth?
- Height/weight
- Family History? Mother/Father age if living? Age of death? Cause of Death?
- Date of sleep apnea diagnosis?
- Was a sleep study done? If so, date of sleep study?
- How is sleep apnea being treated?
- Do you use a C-Pap mask? If yes, dates used from-to
- Have you had any weight loss?
- Have you had any surgery performed? If yes, please indicate when?
- Have you ever been diagnosed with high blood pressure, lung disease, chest pain or coronary artery disease, depression, overweight, arrhythmia or stroke?
- What medications are you taking? Both prescription and natural?
- Have you ever used any tobacco or nicotine based products?
- Do you have any other health problems?
In addition to the questions above, it is also good to know the amount of coverage and the plan of protection you would like to secure. Many carriers only offer minimum amounts of death benefit. Some will only make an offer for a permanent plan of protection.
It also important to remember that there are carriers available that may offer a plan of insurance on a simplified or guaranteed issue basis. These plans are typically more expensive than a full medically underwritten plan and could have limitations to the policy benefits.
It is best to discuss your situation with us to determine the best plan of action depending on your needs. Remember, we are here to assist you in securing the absolute lowest rates available for life insurance with sleep apnea.
We have no allegiance to any one particular insurance carrier. We write coverage thru many different insurance companies and are constantly searching the marketplace for new and innovative carriers.
We have over 30 years experience in the special risk marketplace . We know which carriers to talk to about life insurance with sleep apnea.
If you would like to discuss your life insurance needs, please contact us at 1-888-393-9003 or mike@specialriskterm.com
